Core Scientific (MIL:1CORZ) Cash Conversion Cycle: 53.12 (As of Jun. 2026)

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MIL:1CORZ Core Scientific Inc MIL:1CORZ
36 GF Score
Price €18.76
GF Value €9.18
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Core Scientific Cash Conversion Cycle?

Core Scientific MIL:1CORZ +12.91% 36 Cash Conversion Cycle is 53.12 as of Jun. 2026. GuruFocus rates MIL:1CORZ with a GF Score™ of 36/100 and a GF Value™ of €9.18 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Core Scientific's Days Sales Outstanding for the three months ended in Jun. 2026 was 213.26.
Core Scientific's Days Inventory for the three months ended in Jun. 2026 was 0.
Core Scientific's Days Payable for the three months ended in Jun. 2026 was 160.14.
Therefore, Core Scientific's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 53.12.


Core Scientific  (MIL:1CORZ) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Core Scientific Cash Conversion Cycle Related Terms


Core Scientific Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Core Scientific's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Core Scientific Cash Conversion Cycle Chart

Core Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial -7.82 -18.12 -100.66 -75.63 101.79

Core Scientific Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -136.23 -254.74 124.53 79.56 53.12

MIL:1CORZ vs DBX, MBGL, S: Cash Conversion Cycle Comparison

For the Software - Infrastructure subindustry, Core Scientific's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Core Scientific Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Core Scientific's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Core Scientific's Cash Conversion Cycle falls into.


MIL:1CORZ
36GF Score
Core Scientific Inc MIL:1CORZ
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Core Scientific Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Core Scientific's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=197.64+0-95.85
=101.79

Core Scientific's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=213.26+0-160.14
=53.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 53.12 mean?
Core Scientific (MIL:1CORZ) has a Cash Conversion Cycle of 53.12 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Core Scientific and its competitors.
Is Core Scientific's Cash Conversion Cycle too high?
Core Scientific's current Cash Conversion Cycle is 53.12. The Software industry median Cash Conversion Cycle is 32.01. Core Scientific's value of 53.12 is 65.9% above this industry median. Overall, Core Scientific has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Core Scientific's Cash Conversion Cycle compare to DBX and MBGL?
Core Scientific's Cash Conversion Cycle of 53.12 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.01. Core Scientific's value of 53.12 is 65.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Software company?
The median Cash Conversion Cycle among Software companies is 32.01, based on 2,813 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Core Scientific's current Cash Conversion Cycle of 53.12 is 65.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Core Scientific and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core Scientific's current Cash Conversion Cycle is 53.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Scientific stock overvalued right now?
Based on GuruFocus' analysis, Core Scientific (MIL:1CORZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.18, compared to a current price of €18.76 — trading 104.3% above its estimated fair value. The current Cash Conversion Cycle is 53.12 and 65.9% above the Software industry median of 32.01. Core Scientific's overall GF Score™ is 36/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Core Scientific (MIL:1CORZ), the current Cash Conversion Cycle is 53.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Core Scientific (MIL:1CORZ) Overvalued in 2026?

Based on GuruFocus' analysis, Core Scientific stock appears to be overvalued. The current stock price of €18.76 is trading 104.3% above its estimated GF Value™ of €9.18. GuruFocus considers Core Scientific to be Significantly Overvalued.

Key valuation signals for MIL:1CORZ:

  • Cash Conversion Cycle: 53.12
  • GF Value™: €9.18 vs. price of €18.76 (104.3% above fair value)
  • GF Score™: 36/100 with 8 warning signs
  • Industry Position: 65.9% above the Software median

No single metric tells the full story. See the MIL:1CORZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Scientific Business Description

Other Exchanges CORZ:USA7ZD:Germany
Address 838 Walker Road, Suite 21-2105, Dover, DE, USA, 19904
Core Scientific Inc is engaged in designing, building, and operating digital infrastructure for high-density colocation services and digital asset mining. The business operates in three operating segments: Digital Asset Self-Mining, consisting of performing digital asset mining for its own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and Colocation, consisting of providing high-density colocation services to third parties for AI / HPC operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.
36GF Score

Get the complete analysis for MIL:1CORZ

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.76
Price
€9.18
GF Value